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May 2019

Software Product Development

Given the proliferation of connected devices, we have seen an explosion of custom software solutions to meet increasing consumer and business demands. For each technology platform, a custom software solution must be implemented in order for businesses to create a unique connection with its suppliers, partners, customers, and employees. M&A in the custom software space is competitive as larger firms seek to acquire the latest “hot” item or talent pool. Importantly, we believe software development will likely prove resilient in the event of a macro downturn given the ROI achieved through technology and software efficiencies.